GCMAsia-USDJPY

USDJPY
2020-02-12

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level at 109.95. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 109.95, 110.25
Support level: 109.60, 109.25